Petron Corp in $100m block trade

The benefit scheme of Philippine oil company further reduced its stake in the company after pricing shares at the bottom of its indicative price range.

The Petron Corp Employees' Retirement Plan raised $100 million on Monday via an accelerated block sale of shares in the Philippine oil company.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media